Home Business NewsBusiness Royal Mint is selling 1kg gold bars for £25,000

Royal Mint is selling 1kg gold bars for £25,000

by LLB Editor
7th Oct 15 11:39 am

Have £25,000 to spare? You can use it buy 1kg gold bars.

To mark the first anniversary of its bullion trading website, the Royal Mint is offering “serious investors” the golden chance to snap up gold bars.

The bar measures 53 millimetres by 118 millimetres and is 8 millimetres thick.

Royal Mint said that the gold bar offers a “high-value purchase opportunity for serious investors and those who wish to own and trade larger amounts of gold”.

The website, royalmintbullion.com, is also selling silver from the website at prices starting at about £20.

Since its launch in 2014, the website has seen 12,000 customers from countries including the United States, India, China and Canada.

Chris Howard, the Royal Mint’s director of bullion, said: “As royalmintbullion.com passes its first anniversary and begins to mature, we wanted our offering to reflect this and felt the Kilo Gold Cast Bar adds depth to our range and will appeal to the serious investor.”

 

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